Good evening on the weekend, good brothers and sisters! Trading opportunities are not always present! But luckily, the weekly candle is about to close, and the volatility will increase a bit tonight and into the early morning!
For example, this weekend, if you're expecting a profit of one or two thousand dollars from Bitcoin, there will definitely be no opportunity, because the Bitcoin volatility is only a 500-dollar range!
If you're looking to make 30 to 50 dollars from Ethereum, there is also no trading opportunity, as the volatility is only a 30-dollar range!
Actually, don’t complicate things too much on the weekend! Just follow the timeless thinking of “Shao Ge” during the weekend!
Generally, you can start calculating from the strength and weakness of North America on Friday evening, but this week, due to the Independence Day in the U.S., the North American market entered the weekend rhythm early on Friday. The volatility increased slightly on Thursday evening, but on Friday, the volatility was actually small. After closing the weekly candlestick at 8:00 on Saturday, the operations from Saturday to Sunday noon can reduce profit expectations. Following the trend from Friday evening is relatively safer. For instance, if you usually make 30 dollars from Ethereum, you can choose to make 15 dollars; if you usually make a minimum of 800 dollars from Bitcoin, you can choose to make 400 dollars. Many friends will ask, what’s the point of this operation? If you have this question, you are correct. So, the earlier statement about reducing profit expectations during the weekend being more stable, rather than pursuing high-profit weekend opportunities, is indeed valid!
Entering Sunday evening and Monday early morning, there is a demand to capture the liquidity accumulated over the weekend, so the volatility early Monday morning may increase. If the market is in a range, there may be new highs and lows; if the market is in a rally, new highs may occur; if the market is in a downtrend, new lows are likely to appear; this is how you can capture liquidity as much as possible!
Regarding price levels, at this moment, you should learn the strategies and tactics of market makers as well as the logic of the long-short battle in the market, as this will greatly enhance your sensitivity to the market!
Final note: If you encounter uncertainty, unclear market conditions, or things you don't understand, then you can wait for a market shift. Operations must provide opportunities; if there are no opportunities and you just act randomly, it’s like a novice hunter firing bullets before even seeing the prey. When the prey arrives, how will you respond?